Photoshop CC 64 bit crashes on launch after recent update.

After the recent update to Photoshop CC via Adobe Creative Cloud Updater, the 64 bit version that worked perfectly before, crashes on launch. What's up? I am paying a monthly fee for this program and do not want to wait for the next update to see if it gets fixed. It should work now just as it did before the update. Please advise how this can be corrected.